Pacer Developed Markets Etf Performance
| ICOW Etf | USD 29.91 0.04 0.13% |
The etf holds a Beta of 0.37, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Pacer Developed's returns are expected to increase less than the market. However, during the bear market, the loss of holding Pacer Developed is expected to be smaller as well.
Risk-Adjusted Performance
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Over the last 90 days Pacer Developed Markets has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of fairly stable basic indicators, Pacer Developed is not utilizing all of its potentials. The latest stock price fuss, may contribute to near-short-term losses for the sophisticated investors. ...more
1 | Vodafone, Google Expand Partnership With Billion Dollar Deal Details | 10/08/2024 |
2 | ICOW Free Cash Flow ETF Lagging In 2024 - Seeking Alpha | 10/31/2024 |
| In Threey Sharp Ratio | 0.09 |
Pacer |
Pacer Developed Relative Risk vs. Return Landscape
If you would invest 3,147 in Pacer Developed Markets on August 24, 2024 and sell it today you would lose (156.00) from holding Pacer Developed Markets or give up 4.96% of portfolio value over 90 days. Pacer Developed Markets is currently does not generate positive expected returns and assumes 0.8054% risk (volatility on return distribution) over the 90 days horizon. In different words, 7% of etfs are less volatile than Pacer, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Pacer Developed Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Pacer Developed's investment risk. Standard deviation is the most common way to measure market volatility of etfs, such as Pacer Developed Markets, and traders can use it to determine the average amount a Pacer Developed's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0946
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| Negative Returns | ICOW |
Estimated Market Risk
| 0.81 actual daily | 7 93% of assets are more volatile |
Expected Return
| -0.08 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.09 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Pacer Developed is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Pacer Developed by adding Pacer Developed to a well-diversified portfolio.
Pacer Developed Fundamentals Growth
Pacer Etf prices reflect investors' perceptions of the future prospects and financial health of Pacer Developed, and Pacer Developed fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Pacer Etf performance.
| Total Asset | 130.65 M | |||
About Pacer Developed Performance
Evaluating Pacer Developed's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Pacer Developed has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Pacer Developed has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund will invest at least 80 percent of its total assets in the component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities. Pacer Developed is traded on BATS Exchange in the United States.| Pacer Developed generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: ICOW Free Cash Flow ETF Lagging In 2024 - Seeking Alpha | |
| The fund retains 98.82% of its assets under management (AUM) in equities |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Pacer Developed Markets. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in persons. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
The market value of Pacer Developed Markets is measured differently than its book value, which is the value of Pacer that is recorded on the company's balance sheet. Investors also form their own opinion of Pacer Developed's value that differs from its market value or its book value, called intrinsic value, which is Pacer Developed's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pacer Developed's market value can be influenced by many factors that don't directly affect Pacer Developed's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pacer Developed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacer Developed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacer Developed's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.